India’s most influential government think-tank has recommended lowering taxes and interest rates for loans on electric vehicles, while capping sales of conventional cars, signaling a dramatic…
Economy
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The motorcycle industry has reached an annual output of 500,000 units.
In an interview broadcast on state TV, Bahman Ziamoghadam, head of Iran’s Motorcycle Association, said the production…
EconomyCarmakers will attend the upcoming Baku Motor Show in the Republic of Azerbaijan on June 28-30.
EconomyThe Central Bank of Iran has denied any case of hacking in the domestic banking sector, saying that the banking network is strong enough to protect depositors’ money against cyber threats.
EconomyIran's industrial sector has managed to repay 4.5% of its debts to the banking system over the past four years, said the minister of industries, mining and trade.
EconomyMellat Bank Yerevan, a subsidiary of Iran’s Bank Mellat, will open a new branch in Georgia by the end of the first half of the current Iranian year (Sept. 22), said Bank Mellat’s chief executive…
EconomyBank Melli Iran's ratio of non-performing loans to total loans currently stands at 7.7%, about 3% lower than the average ratio for the domestic banking system, announced the chief executive of the…
EconomySimilar to other top-tier officials, deputy economy minister for banking affairs believes that Iran will be able to quit the Financial Action Task Force’s blacklist of high-risk countries.”We hope…
EconomyA total of 2.6 billion cigarettes were produced in Iran in the first month of the current fiscal year (started March 21), registering a 63% increase compared with the corresponding period of last…
EconomyTehran’s Agricultural Jihad Organization has begun distributing queen bees among the province’s beekeepers, the deputy head of the organization said.
“Around 970 tons of honey are…
EconomyIran will inaugurate 838 kilometers of railroads by the end of the current Iranian year (March 20, 2018), a deputy minister of roads and urban development said.
“The 267-km Tehran-Hamedan…
EconomyMore than 19,000 industrial projects launched by previous governments have been completed with more than 710 trillion rials ($19 billion) of investment under President Hassan Rouhani’s…
EconomyRahmatollah Mahabadi has been reappointed as the head of the state-owned Iran Airports Company, which manages and oversees 54 airports across the country.
EconomyIran imported close to 29.3 million tons of intermediate goods worth more than $28.02 billion in the last Iranian year that ended on March 20, 2017, according to the latest report released by the…
EconomyAn economic delegation from South Africa will take part in a forum with their Iranian counterparts in Tehran on May 14.
EconomyIn addition to being a powerful means of intercultural communications, books contribute considerably to other fields as well, especially economy.
With this aim in mind, the 30th Tehran…
EconomyLabor Minister Ali Rabiei said the coalmine in northern Iran, which was hit by an explosion this week, is not expected to reopen for six months.
The explosion occurred on Wednesday at the…
EconomyTehran Stock Exchange’s main index lost 36.50 points or 0.05% to end Sunday trade at 79,660.9.
More than 980 million shares valued at $110 million changed hands for the day.
Jooshkab…
EconomyThe Iranian Fund for Innovation and Prosperity (NSFund) has approved a 2% cut in the interest rate of export loans in a renewed effort to help boost Iran-made knowledge-based products in the…
EconomyThe tablet craze from a few years ago showed more signs of fading this year, with most major producers reporting sales declines, recent market surveys showed.
International Data Corporation…
EconomyThe Communications Regulatory Authority (CRA) has launched an updated website to check ownership of cellular SIM cards as part of a transparency drive to stop mobile phone dealers holding too many…
EconomyRussia’s telecoms watchdog has blocked China’s WeChat, the popular social media app developed by Tencent Holdings, the South China Morning Post reported, citing information posted on the Russian…
EconomyKashan exports about 2,000 tons of rosewater and rose oil every year, accounting for 70% of Iran's total exports of these products, to the Persian Gulf littoral states and European Union countries…
EconomyMore than one million tons of seafood were produced in Iran in the last Iranian year (ended March 20, 2017), of which about 103,000 tons worth $412 million were exported, the head of Iran…
EconomyIt has been said time and again that Iran's economy has been struggling with recession for the past few years.
Technically speaking, when growth is negative for two consecutive three-month…
Economy